Arizona
Apartment Sales Volume Scales New Annual Peak
Industrial may be the belle of the investment ball, but multifamily hit a new peak in 2018, according to NKF.… Read more
Newly-Built Tucson Marriott Lands $40M Cash-Out Financing
Walker & Dunlop recently structured $40 million in financing for the newly-built AC Marriott in Tucson, AZ. The transaction was a collaboration… Read more
Westmount Realty Snags 200-Unit Place at Houston Street
Westmount Realty Capital expanded its San Antonio footprint by acquiring the 200-unit Place at Houston Street. The Class B apartment… Read more
Investcorp Acquires Eight U.S. MF Assets for $330M
Bahrain-based alternative investment manager Investcorp’s U.S.-based real estate investment team acquired eight new multifamily properties. The 2,510-unit portfolio was purchased… Read more
Ventas’ University-Based R&I Development Pipeline Exceeds $1.5B
Chicago-based Ventas, Inc. reported its development pipeline in the university-based Research & Innovation (R&I) sector now exceeds $1.5 billion in… Read more
Maverick Rides into MF Arena
Maverick Residential Company broke into the multifamily industry in a partnership involving former Alliance Residential executive Jeffrey Krohn and real… Read more
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
Transwestern Appoints New Presidents for East, West Regions
Connect Houston is taking place on February 26, 2019. For more information — or to attend — click here. Houston-based… Read more
Anchor Health Enters PHX Market with Sun City Buy
Anchor Health Properties invested in La Ronde Medical Centre, a highly-strategic 89,000-square-foot institutional-quality outpatient facility in Sun City, AZ, through… Read more
Phoenix’s Sanctuary on 22nd Sold for $32M
Sanctuary on 22nd, a 266-unit apartment community in the heart of Phoenix, has traded hands for $31.8 million. The seller… Read more
CRE’s Drive to Adopt Electric Vehicles
A key to success in emerging real estate technologies is for major players to get in on the ground floor.… Read more
Caesars Plans First Non-Gaming Hotel in U.S. in Scottsdale
Caesars Entertainment Corp. plans to open Caesars Republic Scottsdale, its first non-gaming hotel in the United States. The modern 11-story… Read more
Crown Wins Bid for 100-Acre North Phoenix Development Site
Crown Realty & Development acquired 96.5 acres and will take over as master developer of a prime North Phoenix site… Read more
Illinois Needs to Incentivize Data Center Investment: Report
Although Chicago is the nation’s third largest data center market, Illinois has shown significantly weaker growth in the sector than… Read more
DTLA’s Historic Herald Examiner Building Snags $56M for Redevelopment
New York-based The Georgetown Company secured $56.4 million in bridge financing for the redevelopment and renovation of the Herald Examiner… Read more
Digital Realty Expands Internet Exchange Platform to Chicago
Data center REIT Digital Realty has expanded its Digital Realty Internet Exchange (DRIX) platform to data centers on Chicago’s South… Read more
Financing and Multifamily: Q&A with Hunt Real Estate Capital’s Kevin Chadwick
There is a lot to discuss when it comes to multifamily and financing. Sustained demand, combined with macro issues, place… Read more
Weidner Divests Central Phoenix MF for $37M
Monterra Apartment Homes, a 258-unit multifamily property in Phoenix, traded hands for $37.2 million, which equates to $144,186 per unit.… Read moreStag Industrial Sells 1.8M-SF, Six-State Portfolio for $114M
Boston-based Stag Industrial, Inc. sold a 1.8-million-square-foot industrial portfolio comprised of seven single tenant buildings in six states for $113.5 million.… Read more